Economic Sociology

The Ponzi Factor is the most comprehensive research ever compiled on the negative-sum nature of capital gains (non-dividend stocks). This means, as a whole, ALL investors will lose money from buying and selling stocks. Most people don’t realize that profits from buying and selling stocks come from other investors who are also buying and selling stocks. When one investor buys low and sells high, another investor is also buying high and needs to sell for even higher.

With the exception of sleep, humans spend more of their lifetimes on work than any other activity. It is central to our economy, our society, and the family. It underpins our finances and our sense of meaning in life. Given the overriding importance of work, we need to recognize a profound transformation in the nature of work that is significantly altering lives: the incoming tidal wave of shadow work. Shadow work includes all the unpaid tasks we do on behalf of businesses and organizations.

Who is the richest person in the world, ever? Does where you were born affect how much money you'll earn over a lifetime? How would we know? Why, beyond the idle curiosity, do these questions even matter? In The Haves and the Have-Nots, Branko Milanovic, one of the world's leading experts on wealth, poverty, and the gap that separates them, explains these and other mysteries of how wealth is unevenly spread throughout our world, now and through time.

When Bloomberg News invited the young American journalist Alex Cuadros to report on Brazil's emerging class of billionaires at the height of the historic Brazilian boom, he was poised to cover two of the biggest business stories of our time: how the giants of the developing world were triumphantly taking their place at the center of global capitalism and how wealth inequality was changing societies everywhere.

Guilty Admissions weaves together the story of an unscrupulous college counselor named Rick Singer, and how he preyed on the desperation of some of the country's wealthiest families living in a world defined by fierce competition, who function under constant pressure to get into the "right" schools, starting with preschool; nonstop fundraising and donation demands in the form of multi-million-dollar galas and private parties; and a community of deeply insecure parents who will do anything to get their kids into name-brand colleges in order to maintain their own A-list status.

In this book, labor lawyer, former chair of the board of the New York Federal Reserve, and MacArthur "genius" Sara Horowitz brings us a solution to the current crisis of work that’s rooted in the best of American traditions, which she calls mutualism. Horowitz shows how the future of our economic safety net rests on this approach and demonstrates how mutualist organizations have helped us solve common problems in the past and are now quietly driving rural and urban economies alike all over the world.

Life in a castle isn’t always a fairytale, as the Duchess of Rutland vividly illustrates in her fascinating, revealing and funny autobiography. When Emma Watkins, the pony-mad daughter of a Welsh farmer, imagined her future it was as the wife of a younger version of her father. But then she fell in love with David Manners, having no idea that he was heir to one of the most senior hereditary titles in the land. When David succeeded his father, against all the odds Emma became the chatelaine of Belvoir Castle, ancestral home of the Dukes of Rutland.

In Administrative Burden, Herd and Moynihan document that the administrative burdens citizens regularly encounter in their interactions with the state are not simply unintended byproducts of governance, but the result of deliberate policy choices.

"Ils subissent un éloignement géographique, social, politique et culturel. Ils sont la majorité. Ils sont à l'origine de toutes les contestations actuelles, qui ne ressemblent à aucun des mouvements sociaux des siècles passés. Ils sont les dépossédés." Dans ce nouvel essai, Christophe Guilluy montre comment les classes populaires répondent magistralement à leur disparition programmée, en imposant une alternative à un modèle condamné.

I have had the honor of combating corruption for my entire adult life. In truth, I actually began this battle as a child. I bring this work focused on interview and interrogation forth as the third volume in the 10 volume set of the arsenal with which I intend to arm the current, former, and next generation of corruption fighting colleagues in the global effort to bring corruption to its knees. I intend for the next generation to be well armed with the remarkable foresight of history, sharing, and an abundance of caring.

A Participatory Economy presents a clear and accessible post-capitalist model for those without extensive training or understanding of economics. Robin Hahnel is a trained economist and a co-founder of the idea of Participatory Economics, an evolving concept that offers a comprehensive blueprint for an alternative to capitalism. Robin Hahnel shows how placing decision making into the hands of producers and consumers can be a way to meet needs responsibly.

The United States spends enormous sums on helping people—$3.8 trillion on healthcare, $182 billion on prisons, and $604 billion on higher education—and yet these systems routinely fail us. When we seek to improve how they function, our efforts focus on policy debates, technical solutions, funding, and data. But if these systems are to truly improve, we have to start with the human values behind them. Broken explores the deeply human dimensions we must consider if we want to rebuild the policies, technologies, processes, and most importantly, the heart we use to serve people.

Kensington, Philadelphia, is distinguished only by its poverty. It is home to Ryan, Giancarlos, and Emmanuel, three Puerto Rican children who live among the most marginalized families in the United States. This is the story of their coming-of-age, which is beset by violence—the violence of homelessness, hunger, incarceration, stray bullets, sexual and physical assault, the hypermasculine logic of the streets, and the drug trade. In Kensington, eighteenth birthdays are not rites of passage but statistical miracles.

At the dawn of the twentieth century, a bright new age for children appeared on the horizon, with progress on ending child labor, providing public education, combating indigence, promoting wellness, and creating a juvenile justice system. But a hundred years on, the promised light has not arrived. Today, more than eleven million American children live in poverty and more than four million lack health insurance.

This is volume two—what Henry George called "the Solution to the Problem". This landmark treatise by the great economist Henry George was first published in 1879. George's work became the seminal analysis of the political economy which inspired most, if not all, the prominent thinkers of the Progressive Movement and many others of great influence: Upton Sinclair, John Dewey, George Bernard Shaw, Friedrich Hayek, H. G. Wells, Clarence Darrow, and Leo Tolstoy, to name but a few. His analyses and proposals are referred to as "Georgism".

The book is a twenty-first century reworking of the approach to unionism. The United States has a dramatic history of workers organizing on the job. In the last seventy odd years, labor organizations have made peace with owners, and wages, various protections, and safety has diminished. All during an era that, despite its ups and downs, has been extremely profitable for the ownership class. Tom Wetzel provides a solution to that failure by showing how a democratic outcome can be built into the method of struggle for social change.

Culture will keep you fit and healthy. Culture will bring communities together. Culture will improve your education. This is the message from governments and arts organisations across the country; however, this book explains why we need to be cautious about culture. Offering a powerful call to transform the cultural and creative industries, Culture Is Bad for You examines the intersections between race, class, and gender in the mechanisms of exclusion in cultural occupations.

Popular progressive radio host and New York Times best-selling author Thom Hartmann reveals how and why attempts to establish affordable universal healthcare in the United States have been thwarted and what we can do to finally make it a reality.

For millenniums, the elites have had access to knowledge that was out of bounds from the common folk. The knowledge was only known by those at the top of ruling hierarchy and was passed down to the next generation only. This knowledge enabled them to continue being at the top of hierarchy and rule those who are beneath them, establishing their stronghold over positions of power and influence. Ninety percent did not know anything about them and speculated about their lives and ideologies. They pondered and thought of conspiracy theories.

On an average day in America, seven young people aged 19 or under will be shot dead. In Another Day in the Death of America, award-winning Guardian journalist Gary Younge tells the stories of the lives lost during the course of a single day in the United States. It could have been any day, but Younge has chosen November 23, 2013. Far from a dry account of gun policy in the United States or a polemic about the dangers of gun violence, the book is a gripping chronicle of an ordinary but deadly day in American life.